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Newmark Affiliate Arranges $369M Financing for 11 Florida Affordable Housing Properties
Newmark Group arranged a $369 million Fannie Mae credit facility on behalf of April Housing, supporting the long-term preservation of an 11-property affordable housing portfolio located throughout Florida. The financing consisted of a $221.4 million fixed-rate draw and a $147.6 million floating-rate draw, structured as an interest-only facility through Fannie Mae. A buydown on the ... The post Newmark Affiliate Arranges $369M Financing for 11 Florida Affordable Housing Properties appeared first on Connect CRE .
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